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Noise, a platform focused on prediction markets and on-chain data, has raised a $7.1 million seed round led by Paradigm. Earlier backers include Figment Capital, Anagram, GSR, JPEG Trading, and KaitoAI. The Noise testnet launched a beta version in May of last year, inviting over 1,300 users to place bets on 14 markets tracking cryptocurrency market trends using social media data from Kaito.

Odaily Planet News: Noise, an attention market tool currently building a prediction market-related information platform, has announced the completion of a $7.1 million seed round led by Paradigm. Previously, the company also received investment support from Figment Capital and Anagram, as well as GSR, JPEG Trading, and KaitoAI. According to reports, Noise's testnet launched a beta version in May last year, available only to invited users. It attracted over 1,300 participants who placed bets on 14 attention markets tracking cryptocurrency topics, using social media data provided by Kaito. (The Block)Source:Show originalDisclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.